Stock Exchanges In North America 1

Stock Exchanges in North America

Canada • • • • • • • •

Alberta Stock Exchange Canadian Venture Exchange Montreal Exchange Toronto Stock Exchange TSX Venture Exchange Vancouver Stock Exchange Winnipeg Commodity Exchange Winnipeg Stock Exchange

Mexico • Mexican Stock Exchange

United States • American Stock Exchange Exchange Profile • Boston Stock Exchange – Boston Equities Exchange – Boston Options Exchange • CBOE Stock Exchange (CBSX) • Chicago Board of Trade • Chicago Board Options Exchange • Chicago Mercantile Exchange • Chicago Stock Exchange • International Securities Exchange

• • • • • • • • • • •

Iowa Electronic Markets Kansas City Board of Trade Minneapolis Grain Exchange NASDAQ National Stock Exchange New York Board of Trade New York Mercantile Exchange New York Stock Exchange One Chicago Philadelphia Board of Trade® (PBOT) Philadelphia Stock Exchange

New York Stock Exchange

New York Stock Exchange • It is the largest stock exchange in the world • located at 11 Wall Street in lower Manhattan, New York City • The NYSE is operated by

NYSE Euronext

New York Stock Exchange • Location New York City, New York, United States • Owner NYSE Euronext • CEO Duncan Niederauer • Currency United States dollar • No. of listings 2,773 • Indexes NYSE Composite Dow Jones Industrial Average • Monday through Friday between 9:30–16:00

• On the trading floor, the NYSE trades in a continuous auction format, where traders can execute stock transactions on behalf of investors

History

• May 17, 1792, - Buttonwood Agreement was signed by 24 stock brokers • outside of 68 Wall Street in New York under a buttonwood tree on Wall Street • Anthony Stockholm was elected the Exchange's first president • On March 8, 1817, the organization drafted a constitution and renamed itself the "New York Stock & Exchange Board".

History • The first central location of the Exchange was a rented room, rented in 1817 for $200 a month, located at 40 Wall Street • location was destroyed in the Great Fire of New York (1835 ) • In 1863- changed its name “New York Stock Exchange” • In 1865, the Exchange moved to 10-12 Broad Street.

History • The volume of stocks traded increased sixfold (1896 -1901) • larger space was required • The new building, located at 18 Broad Street, opened on April 22, 1903 • Acquired Archipelago 2005

• April 4, 2007, the NYSE Group completed its merger with Euronext, the European combined stock market, thus forming the NYSE Euronext, the first transatlantic stock exchange.

NASDAQ

NASDAQ • National Association of Securities Dealers Automated Quotations. • Formed – 1971 • By NASD – National Association of Security Dealers • Owned and Operated – NASDAQ OMX Group

• CEO – Robert Greifeld • Chairman – H. Furlong Baldwin • Indexes – NASDAQ Composite NASDAQ – 100 NASDAQ – Biotechnology

History • Trading Began – February 8, 1971 • First Electronic Stock Market – World • Successor – OTC • Joined – London Stock Exchange – 1992 • Merged with American Stock

Exchange Formed NASDAQ Amex Market Group Bought – Philadelphian Stock Exchange November 8th 2007 Bernard Madoff – Sentenced to 150 Years prison • For a Massive Investor Fruad • • • • •

TORONTO STOCK EXCHANGE

Toronto Stock Exchange • Location- Toronto, Ontario, Canada • Third Largest – North America • Eighth Largest – World (Market Capitalizations) • Operated and Owned – TMX group • TSX – Leader in the mining & Oil & gas sector

• S&P/TSX – Main Index • Trading Session – 9.30 am to 4.00 pm • 434 Oils & Companies List on 2007 June • Market Capitalization - $544.9 billion June

History • Its Formed – July 26 , 1852 • Incorporated – Legislative Assembly of Ontario – 1878 • Shut down – Financial panic – World War I • Introduced – CATS – 1977 • Canadian Stock Exchange acquired TSE - 2001

• TSX Venture Exchange – Renamed – 2002 • Shareholders Resolution – Name Change to TMX

List of Companies Five Major commercial bank 1. Bank of Montreal 2. Bank of Nova Scotia 3. Royal Bank of Canada 4. Toronto – Dominion Bank 5. CIBC

Energy Companies • • • • •

Cameco Corporation Canadian Natural Resource Ltd Canadian Oil Sands Trust EnCana Corporation Imperial Oil Ltd